479 Shy Lane Chula Vista, CA $ 1,225,000
479 Shy Lane
$ 1,225,000
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479 Shy Lane

Chula Vista, CA, 91911
$ 1,225,000
Baths2.0

Monthly Estimate*

$ 7,735

Listed by Apartment Realty Group (ARG)
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Studio

Multi-Family Home for sale in Chula Vista, CA

for $1,225,000 with 2 full baths. This home was built in 1963.

479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista — smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof '21, windows '23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term tenant's rent to market pushes the cap rate to a pro forma ~5%+. Each home is separately metered, tenants pay all utilities, minutes from Walmart, Costco, and freeway access, and the R1 lot may allow room to expand or add an ADU (buyer to verify).

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1963

Town/City

Chula Vista

County/Region

San Diego

MLS | Web ID

260019989SD

Days on Market

2

Features
General
Cooling None
Roof Composition
HOA Fee 0
Year Built 1963
Tenant Pays Cable TV Electricity Gas Sewer Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 35649
Property Type Residential Income
Subdivision Name Chula Vista
Status Active
Directions CrossStreet: 5th Avenue
City Chula Vista
Senior Community Y/N false
Number Of Units Total 2
MLS Area 91911 - Chula Vista
Listing Terms Cash Conventional Cal Vet Loan FHA VA Loan
Standard Status Active
Cap Rate 2.97
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Total Parking 0
Park Name Chula Vista
Number of Buildings 2
Spa false
Lot Size Source Assessor
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* Excluded Features
List By
Apartment Realty Group (Arg)

Broker

jordan.concepcion@arg1031.com

Email

Affordability Calculator

$7,735
Per Month
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0%
0%
Monthly Principal & Interest
$7,735
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$1,225,000 Listed Price

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479 Shy Lane, Chula Vista, CA, 91911 is a Multi-Family Home for sale at $1,225,000. 479 Shy Lane is a studio with 2.0 baths and was built in 1963. The property's zip code is 91911 which is in Chula Vista, CA